Kristina saves $20 at the end of each week and deposits the money in an account paying

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Kristina saves $20 at the end of each week and deposits the money in an account paying 4% compounded monthly.

a. How much will she accumulate in 10 years?

b.How much of the accumulated amount is interest?

Related Book For answer-question

Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt , Eugene F. Brigham

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Posted Date: Aug 31, 2020 11:56 PM

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Kristina saves $20 at the end of each week and deposits the money in an account paying

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Corporate Finance A Focused Approach

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